£218,625
This estimated value is based upon the latest sale price for the house of £163,000 on 30 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 30 Aug 2016 |
| £72,995 | 3 Oct 2001 |
| £46,000 | 28 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £163,000 results in an estimated price of approximately £218,625.
| 30 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £163,000 | £55,625 | £218,625 |
The Postcode Pricing Model uses changes in average sales price within the B64 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 86.637 % | £141,218 | £304,218 |
| 3 Month Average | 17.625 % | £28,728 | £191,728 |
| 6 Month Average | 36.759 % | £59,917 | £222,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £275,980 | £267,500 | 3 NEWLAND GARDENS |
| 22 Sep 2023 | £178,945 | £175,000 | 2 CODSALL ROAD |
| 1 Sep 2023 | £250,523 | £245,000 | 56 BARRS ROAD |
| 14 Apr 2022 | £243,794 | £235,000 | 65 BARRS ROAD |
| 31 Mar 2021 | £168,202 | £150,000 | 98 BARRS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Apr 2016. Using an estimated price of £218,626 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on BARRS ROAD is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Under investigation | On or near Bradleys Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tromans Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |